We will probably just go sideways until the close, between 6330 and 6370.

Cable Update (GBPUSD)

Price often does the opposite to what instinct or reasoning tells us.

Cable Update (GBPUSD)

How often does price do the opposite to what you think it will do?

Cable Update (GBPUSD)

I'd expect price to go into the blue some point today. There has to be a breakout of the triangle, I'm thinking up.

Cable Update (GBPUSD)

Potentially around 1.63. (notice the potentially) .

Cable Update (GBPUSD)

It's an interesting thought to consider, that Pro Euro politicians in the British government (Peter Mandleson), could be pushing / pushed fiscal policies that he knows will bring an end to the sterling, and bring its surrender to the Euro.

Cable Update (GBPUSD)

Your relative strength indicator is in overbought, but it can stay in overbought for a while, and even when it is in overbought, if price starts to range sideways it will correct itself into normal without tanking it. All your EMA's or SMA's are ...

Cable Update (GBPUSD)

What makes you think it will tank?

Cable Update (GBPUSD)

Jumping in while the fire is still hot.

Cable Update (GBPUSD)

Respecting the respectable 50% fib thus far.

Cable Update (GBPUSD)

The fact that price hasn't shot down shows that the smart money hasn't liquidated their long position.

Cable Update (GBPUSD)

I would not necessarily say more buyers, but the syndicate of smart money buying at the same place, forcing the market up. Price has reacted to the 50% fib a little.

Cable Update (GBPUSD)

The GBPAUD is one nice trending pair. A strong currency against a weak on: simples.

Auslanco - GBP/JPY and GBP/USD (newstrade)

Go play some golf then: or alter you trading stratagem. Don't get frustrated!

Cable Update (GBPUSD)

url Look at second post down.

Sonic R. System

I believe that is two words

Cable Update (GBPUSD)

Saying that, for interest rates to increase there has to be inflation. For a currency to have value there has to be a healthy inflation. Hyper inflation or deflation is negative: it has to be healthy inflation. I'm interested to see how inflation ...

Cable Update (GBPUSD)

Mervyn King will be speaking on Thursday with the official rates therefore that could add some added pressure on the GBP, as interest rates are forcasted to stay the same. Interest rates gives a currency investable value. Forecasted interest rates ...

Cable Update (GBPUSD)

It probably would have been better if the news came out lower than expected, as that would have triggered US Bonds to be purchased, in risk aversion.

Cable Update (GBPUSD)

I think the news of 50.9 will push this down now. It's had its fun.

Cable Update (GBPUSD)